44
44
Oct 8, 2012
10/12
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CNBC
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eye 44
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here at the hollywood casino in columbus, ohio, they opened their doors up a couple hours ago. they've already had at least 12,000 people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history. >> we've seen a growth early 90s when the desert storm recessionary period hit when a number of states in the midwest and south opened up their borders. now in these tough economic times we've seen states like massachusetts, ohio and florida open up their borders to commercial gaming as well. >> look what it's done in pennsylvania. it expanded its gaming two to three years ago. it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxe
here at the hollywood casino in columbus, ohio, they opened their doors up a couple hours ago. they've already had at least 12,000 people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history....
24
24
Oct 26, 2012
10/12
by
CNBC
tv
eye 24
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who's benefiting from that, dan bradley, president and general manager of wcmh, the nbc affiliate in columbus. is this the highest you've seen in years past? >> well, we know we're always going to see a lot of spending here in ohio but this year has certainly been a record breaker for the books. we started the year out thinking the whole political market for columns would be $40 million, $45 million. now it looks like it will finish up somewhere closer to $60 million, $65 million. >> have ad rates been going up as well? >> yeah. the rates obviously when you have this much demand, the very first thing that happens is that the rates just shoot skyward. we're looking at demand greater than 50%. 50% greater than what we saw in 2008. >> we're not going to say this is a bad thing. this is a cash cow for television. is it a bad thing necessarily? >> well, no. it's a very good thing. i mean most investors now look at local television as -- more on a two-year sishgle th cycle single year cycle. you have to average it out over the course of two years. but there's no better way to reach a broad audience
who's benefiting from that, dan bradley, president and general manager of wcmh, the nbc affiliate in columbus. is this the highest you've seen in years past? >> well, we know we're always going to see a lot of spending here in ohio but this year has certainly been a record breaker for the books. we started the year out thinking the whole political market for columns would be $40 million, $45 million. now it looks like it will finish up somewhere closer to $60 million, $65 million....
59
59
Oct 1, 2012
10/12
by
CNBC
tv
eye 59
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happier than christopher columbus with speedboats. that's happy! get happy. get geico. fifteen minutes could save you fifteen percent or more. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is taken care of, you can spend more time sharing your passions. wow. [ giggles ] [ male announcer ] with the people who matter most. i love you grandpa! i love you grandma! now
happier than christopher columbus with speedboats. that's happy! get happy. get geico. fifteen minutes could save you fifteen percent or more. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [...
65
65
Oct 10, 2012
10/12
by
CNBC
tv
eye 65
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i don't know if it is because of the columbus day or we just have great italian food. but a bigger concern for me with the customers coming in is my employees and how that's affecting their commute. many of my employees have long commutes. we start evaluating on monday where our employees are coming from, what restaurants they're driving to and we're trying to create maybe a better plan for them, maybe they'll transfer to a local, closer restaurant and also looking at gas cards for those traveling over 25 miles or more. and that's going to impact obviously our bottom line because we're increasing costs to help our employees feel better about coming to work. my philosophy is -- >> i think that's fantastic that you brought your team together and are trying to find ways to help them. but if you can talk about your business, how are higher gas costs raising costs within your own business and can you as a result pass those higher costs on to your customers? >> well, what we find is we do have a delivery service. the last gas hike we increased our delivery prices by $1.50. w
i don't know if it is because of the columbus day or we just have great italian food. but a bigger concern for me with the customers coming in is my employees and how that's affecting their commute. many of my employees have long commutes. we start evaluating on monday where our employees are coming from, what restaurants they're driving to and we're trying to create maybe a better plan for them, maybe they'll transfer to a local, closer restaurant and also looking at gas cards for those...
51
51
Oct 3, 2012
10/12
by
CNBC
tv
eye 51
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sleep train's inventory clearance sale ends columbus day. get 3 years interest-free financing on tempur-pedic. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. even get free delivery! don't miss 3 years interest-free financing on tempur-pedic. the inventory clearance sale ends monday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> trading troubles right out of the gate for shares of the newly minted kraft foods group this morning when the stock opened at $45.55, briefly spiked to $58.54, in to what the nasdaq is calling clearly erroneous transactions. the exchange canceled all trades that occurred between 9:30 and 9:31 eastern time. the former kraft which now consists of just the snack food business has been remained differently and trades as a separate company. >> david greenberg, president of greenberg capital. bertha, i know trades have been wiped off but, another smack at the investor on this. >> a lot of talk about whethe
sleep train's inventory clearance sale ends columbus day. get 3 years interest-free financing on tempur-pedic. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. even get free delivery! don't miss 3 years interest-free financing on tempur-pedic. the inventory clearance sale ends monday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> trading troubles right out of the gate...